Double Bay
Suburb profile, market snapshot and recent listings for Double Bay, NSW 2028.
About Double Bay
Welcome to Double Bay
Double Bay sits on the harbour roughly five kilometres east of the Sydney CBD, tucked between Darling Point and Rushcutters Bay on one side and Bondi Junction and Edgecliff on the other. It's long carried a reputation as one of Sydney's most moneyed addresses, with its harbourside setting, boutique shopping strip and marina giving it a distinctly cosmopolitan, almost European, feel.
With a population of just 4,709 and a median age of 39, Double Bay attracts professionals, downsizers and wealthy families who want harbour views and cafe culture within easy reach of the city. It suits those who value lifestyle and location over sheer square footage, and who don't mind paying a premium for both.
Lifestyle & dining
Double Bay's village centre is built around a cluster of cafes, restaurants and fashion boutiques that have made it a magnet for people-watching and long lunches. The harbour frontage, with its marina and grassy foreshore reserves, gives the suburb a relaxed, holiday-like feel despite its proximity to the city, and the walk around to Rushcutters Bay Park extends the outdoor options considerably.
It's a suburb where mornings often start with a coffee on New South Head Road and weekends are spent on the water or wandering between designer stores. The dining scene skews upscale, but there's enough variety to suit a quick bite as well as a special occasion.
Shopping
The Double Bay shopping strip, centred on Bay Street and Knox Street, is known for high-end fashion, homewares and independent boutiques rather than big chain stores. For a broader retail fix, Westfield Bondi Junction is only a few minutes away and covers everything from major department stores to a full cinema and dining precinct.
Getting around
Double Bay is well served by bus routes running along New South Head Road into the city and out towards Bondi Junction, which is the nearest train station and a hub for both the Eastern Suburbs rail line and regional bus connections. The Double Bay wharf also offers ferry services across the harbour to the CBD, a genuinely pleasant alternative commute that few other suburbs can offer.
For drivers, the suburb's proximity to New South Head Road and the broader Eastern Suburbs road network makes the city, the airport and neighbouring suburbs like Paddington and Edgecliff all readily accessible, though parking around the village centre can be tight on busy weekends.
Schools & families
Double Bay Public School serves local families within the suburb itself, and the broader Eastern Suburbs area offers a strong selection of respected independent schools within a short drive. While the suburb's population and dwelling stock lean towards couples and professionals rather than large families, its combination of harbour parks, a safe village atmosphere and nearby schooling options still makes it workable for those raising children in a more urban setting.
The property market
Double Bay's property market is firmly at the premium end of Sydney real estate. The median house price sits at $8.13 million, having climbed 27.0% recently, while units and apartments — which make up the bulk of the market — carry a median of $1.79 million. Current listings reflect that split clearly, with 78% apartments or units, 20% houses and just 2% land, underlining how much of the suburb's stock is medium and high-density.
Renters face similarly steep figures, with median weekly rent at $4,000, reflecting both the scarcity of housing stock and the strong demand for a harbourside address this close to the CBD. Buyers and tenants alike are typically paying for lifestyle and location as much as for square metreage, and the suburb's tight geographic footprint means new supply is limited, keeping upward pressure on prices.
Market snapshot
Double Bay property market
Median sale price
$8.13m
House · 4 bed
Median rent
$4,000
per week
Gross rental yield
2.6%
annual rent ÷ sale price
Typical price range
Entry
$5m
Median
$8.13m
Premium
$16.01m
Days on market
—
Auction clearance
25%
Sold this year
12
Median sold price trend · House 4 bed
Compound growth +4.8% / yr over 4 yrs
Property types on market
Share of current listings in Double Bay by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Double Bay, NSW 2028.
Population
4,709
residents (2021)
Median age
39
years
Household income
$3,077
median, per week
Median rent
$720
per week
Median mortgage
$3,000
per month
Mortgage / income
22%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Double Bay
Government school catchment
Recent results
Recently sold in Double Bay
$3.88m
21/18 Bay Street
Sold ~July 2026
$1.53m
1/450 - 452 New South Head Road
Sold ~July 2026
$14.25m
501/34 Cross Street
Sold ~July 2026
$1.80m
62/14 Leura Road
Sold ~July 2026
$990k
11/2 Pinehill Avenue
Sold ~June 2026
$3.25m
602/268-274 New South Head Road
Sold ~June 2026
$990k
55 Carlotta Road
Sold ~June 2026
$3.50m
3/43 Ocean Avenue
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Double Bay
Compare the area
Price map around Double Bay
Every listing for sale near Double Bay, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
Loading price map…
Common questions
Double Bay suburb FAQ
What is the median property price in Double Bay?
The median unit price in Double Bay, NSW is $1.79m for a 2-bedroom home. Over the past year, median sold prices have risen about 10.0%.
How much is rent in Double Bay?
The median weekly rent in Double Bay is around $1,025 per week.
Is Double Bay a good place to live?
Double Bay is a harbourside eastern suburb of Sydney, in the state of New South Wales, Australia 4 kilometres east of the Sydney central business district. Double Bay is an established residential suburb in NSW, with a population of around 4,709 and 1 school in the area.
What is the population of Double Bay?
Double Bay has a population of 4,709 (ABS 2021 Census), with a median age of 39.
What schools are in Double Bay?
There is 1 school in or near Double Bay, including Double Bay Public School.
How long do homes take to sell in Double Bay?
Properties in Double Bay take around 41 days to sell on average, with an auction clearance rate of about 59%.
How much do you need to buy in Double Bay?
Entry-level properties in Double Bay start around $1.10m, while premium homes reach $3.79m.
What suburbs are near Double Bay?
Suburbs near Double Bay include Edgecliff, Darling Point, Rushcutters Bay, Paddington and Bondi Junction.
Available now